# Finance Nest - A Thread of Monthly Financial Report Publications

**URL:** <https://gov.indexcoop.com/t/finance-nest-a-thread-of-monthly-financial-report-publications/3661>\
**Category:** Finance\
**Tags:** Financial-Report\
**Created:** [12 January 2022 20:55 UTC](https://gov.indexcoop.com/t/finance-nest-a-thread-of-monthly-financial-report-publications/3661 "2022-01-12T20:55:39Z")\
**Posts on this page:** 1\
**Showing post:** 35

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**Author:** ![Hammad1412](https://yyz1.discourse-cdn.com/flex027/user_avatar/gov.indexcoop.com/hammad1412/32/1188_2.png) [@Hammad1412](https://gov.indexcoop.com/u/Hammad1412)\
**Post date:** [27 July 2022 13:36 UTC](https://gov.indexcoop.com/t/finance-nest-a-thread-of-monthly-financial-report-publications/3661/35 "2022-07-27T13:36:31Z")

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# Index Coop 2022 Q2 Financial Review

Authors: @Hammad1412 and @ElliottWatts

We are pleased to present the 2022 Q2 financial review for the Index Coop. The report takes a deep dive into the Index Coop financials and performance looking back over the last 3 months.

Here is the pdf version of the report:  
[Index Coop Q2 2022 Financial Report.pdf](https://gov.indexcoop.com/uploads/short-url/nUcOgKpIwHXcarQQ3EHD3sSvKno.pdf) (5.0 MB)

Below we provide some key highlights from the Q2 financial review.

 ![](https://canada1.discourse-cdn.com/flex027/uploads/theindexdao/original/2X/3/3ade3ae19bb5cd99a12e95f257896a27ade48586.jpeg)

- Revenue totaled $877K, down 30% from the previous quarter, with ETH being down 31% in the same period
- Total Q2 loss stands at $1.3M
- The largest contributor to revenue continues to be ETH2x-FLI, accounting for $322K of the revenue in Q2
- Our community treasury stands at $23.3M as of June 30th 2022 ($INDEX makes up 62%)
- Total TVL is down 77% from Q1 from $239.2M to $54.09M

 ![](https://canada1.discourse-cdn.com/flex027/uploads/theindexdao/original/2X/f/fa072eb457dd0f45364ecd26b418de1140f8a90c.jpeg)

- Q2 average monthly spend in stablecoins equals $290K
- Stablecoin holdings are $7.66M
- 26 month stablecoin runway at the end of June, calculated at the gross burn rate - treasury stables / stables average monthly spend

 ![Copy of Q2 2022 Financial Report](https://canada1.discourse-cdn.com/flex027/uploads/theindexdao/original/2X/2/2cb019a6ad5ac97c9fcc7b4826c6cbb83dfc392d.jpeg)

- Two standout performers are DPI and ETH2x-FLI which have amassed 79% for the Coop this quarter in streaming fees

The product profitability metrics for the polygon product suite can be found in the full report.

 ![](https://canada1.discourse-cdn.com/flex027/uploads/theindexdao/original/2X/c/c4c6d1bf1a78deea994fee28371320c4dd914b55.png)

- Overall spend totalled $1.7M down by 5% from Q1
- Contributor rewards are down 7% with total spend for quarter coming in at $1.49M
- June (with one payment to be made in July) involved the severance payout for departing core contributors, which will total $209K paid out in USDC

You can find the detailed financial statements (profit/loss statement and balance sheet) within the report. As always, please let us know your thoughts and if there is anything else you’d like to see in the next iteration.

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_[View the full topic](https://gov.indexcoop.com/t/finance-nest-a-thread-of-monthly-financial-report-publications/3661)._